NOT LISTED FOR SALE

8530 S Exchange Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $193,000

Studio
-- Bath
-- Sq Ft
0.36 Acres Lot

About This Home

This home is located at 8530 S Exchange Ave, Chicago, IL 60617 and is currently estimated at $193,000. 8530 S Exchange Ave is a home located in Cook County with nearby schools including Arnold Mireles Academy, Great Lakes Academy, and Epic Academy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2025
Sold by
Mulu Martha
Bought by
Ollis Joseph Scott
Current Estimated Value
$193,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,286
Outstanding Balance
$304,286
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
-$111,286

Purchase Details

Closed on
Mar 15, 2021
Sold by
8528 S Exchange Llc
Bought by
Mulu Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,771
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2019
Sold by
Lee Monique
Bought by
Nationstar Mortgage Llc and Mr Cooper

Purchase Details

Closed on
Oct 16, 2017
Sold by
Saunders Carroll
Bought by
Lee Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,918
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2009
Sold by
Clark Leon
Bought by
Saunders Carroll
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ollis Joseph Scott $310,000 First American Title Insurance
Mulu Martha $215,000 Chicago Title
Nationstar Mortgage Llc -- Premier Title
Lee Monique $132,000 Barrister Title
Saunders Carroll -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ollis Joseph Scott $304,286
Previous Owner Mulu Martha $204,771
Previous Owner Lee Monique $269,918
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $412 $1,681 $1,172 $509
2024 $412 $1,681 $1,172 $509
2023 $402 $1,955 $1,562 $393
2022 $402 $1,955 $1,562 $393
2021 $393 $1,954 $1,562 $392
2020 $392 $1,758 $1,562 $196
2019 $353 $1,758 $1,562 $196
2018 $347 $1,758 $1,562 $196
2017 $345 $1,601 $1,405 $196
2016 $321 $1,601 $1,405 $196
2015 $293 $1,601 $1,405 $196
2014 $232 $1,250 $1,054 $196
2013 $227 $1,250 $1,054 $196
Source: Public Records

Map

Illinois Cook County Chicago 60617 South Chicago

8530 S Exchange Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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